What are all pensioners getting another £300 this winter??

[F0RBIDDENFRUIT]

They are amongst the richest people in the country, yes there are poor pensioners but a lot of them are way richer than anyone else.

£300 more for energy, none of the old people I know need this, they all have more money than their children.

Just because they vote, that is the only reason they can be doing this.

I do not know why I bother reading threads like these, All pensioners are rich and the piece de resistance “a luxury holiday for £300”! Oh my goodness! Avoid, avoid!!!!!

Yes, but a lot of this debt is due to working age handouts, during Covid, in the shape of furlough, extra money, grants etc.

It all has to be paid for.

The allowance is per person/household. @GCAcademic is telling porkies.

How the fuck do you work that out? My DH gets less than £9000 a year state pension so he doesn't pay tax because his income isn't big enough. Don't worry though he worked over 40 years and paid plenty of tax and ni.
Any pensioner who receives more than the personal allowance pays tax on the extra the same as everybody else.
Some of the sentiments expressed on this thread are absolutely appalling.
Us old folk have been the struggling younger working parents without the free school meals and universal credit that's available today.
It's really not a race to the bottom.

I realise I need to be immensley proud of all the things my nephew (19) and DSSs (mid to late 20s) have done, because it appears they have done what many other adults can or have not because the greedy pensioners stopped them from doing it.

Couldn’t agree more

It's not £300 it's £200 surely? Only the oldest (over 80?) get £300 - and they are not the wealthiest demographic.

It's not per pensioner, it's per household.

Aren't you the clever one. Weren't you ever in the position of having to worry about money. If not lucky you.

I don't know the demographics of rich pensioners but undoubtedly most don't fall into that category.

So you're not jealous but your bitterness is showing. Blame the government instead of a specific group.

"All the pensioners I know" is not a statically robust survey sample...

Do you also begrudge disabled people getting the £150 in July?

These types of bitter threads are getting really dull now.

You can always judge a society by the way it treats its most vulnerable - children, elderly and the disabled. As a society we are utter shit.

The lying, skanky cunts have been all over this place for ages.

They wouldn't need to means test. They could just pay to people receiving passporting benefits as they do with other payments.

Flammkuchen is telling some porkies.

a) It is not 11K per year. It is £203.85 a week. Do the maths.
b) That is the maximum New State Pension. Anyone who retired before 2016 won't be getting that much - the full basic State Pension for those pre 2016 retirees is £156.20.
c) many who retired after 2016 will not be getting the full New State Pension rate either as they won't have paid enough contributions if they were contracted out of the second state pension.

I am an expert in pensions and life insurance (Actuary).

The professionals in the field will all tell you the same thing.

Its not a new problem. We told the Govt decades ago that they needed a extra ring-fenced pot (funding) to absorb the shift in demographics due to the baby boomers retiring, but this was then completely ignored for political expediency.

Thats why we have problems now. Working population is being empoverished via tax structure subsidising the ever growing amount of pensioners due to the baby boomers retiring.

And unfortunately, this will get worse over the next 10 years as the dependency ration (workers to retirees) gets worse (will be less than 3:1. It has dropped from 6:1 when boomers paid for the the generation (silent generation) above it).

The vast majority of pensioners receiving the full allowance are on the old pension rate of £156 per week. The new pension rate is £203 a week. A single payment of £200 or £300 per household does little to close the annual gap of £2444 between these two rates.

I lived on that and less for years when I was younger and working as many hours as I could.

Let’s be clear, I am in no way suggesting that it’s enough, but I would prefer it if people stopped acting like the SP is the lowest possible threshold of income in this country.

Don’t worry, I’m completely aware the government is the issue here and that we can’t give pensioner’s money to the nhs.

This was in response to a poster who seems to think it’s ageist to think not all pensioners need extra money just because they are a certain age. The literal opposite of ageism!

That £300 should be for the people that need it only - low income elderly and disabled people. Ideally also for younger people that are struggling too but I realise that is unrealistic.

Meanwhile the advise I get from rich elderly relatives is to just work harder. I find them completely and utterly detached from the realities of the financial struggles much of the country is going though right now. Some of them have been retired on final salary government pensions for longer than they were working (retired in their early 50s now in their 80s). However hard I work that’s just not going to be an option for my future. Those doors are now closed.

You’re a riot. The U.K. didn’t get into debt to pay pensioners. 🤣

There were a few wars at the turn of the century (very expensive) plus a few busts and a big economic bust, followed by the more recent Brexit/Pandemic/Ukraine War trinity that has necessitated yet more borrowing.

It'll get worse as we get closer to a GE,

Really? Perhaps you could give us a source for your figure. There were 12.5 million UK state pensioners in 2022. There are more now. 10% of those is 1.25 million.

The only relevant thing is that it was not spent on productive infrastructure.

So now the UK is stuck.

Public spending is about £1T

So the interest alone is eating up 10-12% of spending.

Its completely unrealistic now to keep giving universal benefits to pensioners.

Its not a matter of "maybe". Its a hard "no" when your infrastructure is crumbling and the country is getting visibly poorer and sicker.

I agree , and I think the money should be put straight into government run nurseries so that every parent of a child over a year old can be back in work. We have a huge shortage of workers in the UK and I think it is poor economics that all those young healthy women are sitting in cafes on their fat backsides guzzling coffee when they could be helping the economy.

Sorry? What do you mean ? Some mothers are doing a good job raising their children? Yes but no but, a lot of them are using their children as an excuse for not working and it’s about time they realised that us pensioners are tired of subsidising their stay at home lazy lifestyles.

Grossly oversimplified - Sovereign government debt isn't like a VISA card, however much Tory ministers keep on saying it is.

Well, the thing is the SP isn't £11k, as I and others explained above.